* US Auto Sales Spike in June to Pre-Recession Levels / June auto sales: GM hits a five-year high -- and it's not just trucks
* US home prices rise in May by most in 7 years
* US Factory Orders Rose in May on Machinery, Computers
Saw an interview with Alan Blinder and other prominent economists who were skeptical that we would see the kind of growth that would lower unemployment for maybe another year or more. Especially with the sequester, he felt that it was unlikely that we would see more than 1% growth this year, while we need at least 3% growth to see material reductions in unemployment. If he is correct, we may not see any QE3 tapering by the Fed this year, since Bernanke has made clear that QE3 tapering is dependent on reductions in the unemployment figure.